1100 Cambridge Road , Unit 301 F

Description

Welcome to this Spacious 4-story 2 Bedroom / 2.5 Bath Townhouse style Condo in Cambridge Cove of Bermuda Bay. This condo has extra features including a Loft with a trundle bed, skylight, additional living area, and another bonus room on the ground level that currently has a lounge area with a Roku TV but could also be used as an additional sleeping area or game room. The main level boasts a separate dining area, a fully equipped kitchen, a living area with a gas fireplace, and a covered porch to enjoy the sunset over the sound. The next level has two spacious bedrooms with tall ceilings, large closets, and ensuite baths. The primary back bedroom with a ceiling fan also has access to its own private porch. The property has plenty of space inside and out with a deck on each level and a patio with rod-iron outdoor furniture on the ground-level. The coastal community of Bermuda Bay has excellent amenities including an outdoor community mini waterpark with pools and a splash pad, a clubhouse, a fitness room, a playground for the kids, and a sound and marsh view boardwalk with kayak access to Colington Creek! Cambridge is centrally located in Kill Devil Hills and is less than a mile to the beach with public parking and bathrooms, restaurants, and other attractions on the Outer Banks. The beautiful community is situated high and dry in the X Flood zone (no flood insurance required). The HOA fees cover a significant amount of services, including cable and internet. The current owners rent through VRBO but limit rentals to only a few weeks a year. There is potential to get over 10% Gross Rental Return with an advertised rental projection up to $44,710. This property could be used as a weekly rental, second home, or even primary residence.